Domestic Currency

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Definition: Domestic Currency

Domestic Currency
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Full Definition of Domestic Currency

Legal tender issued by the monetary authority of a country. The domestic currency is the accepted form of money in the economy, but not necessarily the exclusive currency. Opposite of foreign currency

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https://payrollheaven.com/define/domestic-currency/
Modern Language Association (MLA):
Domestic Currency. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/domestic-currency/.
Chicago Manual of Style (CMS):
Domestic Currency. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/domestic-currency/ (accessed: April 20, 2024).
American Psychological Association (APA):
Domestic Currency. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/domestic-currency/

Definition Sources

Definitions for Domestic Currency are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.